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With CPO still trending downwards, will Mewah go into losses soon?
(06-05-2013, 03:12 PM)Gaudente Wrote: bloomberg gives a P/E of 22 and a div yield of 2.5% for this counter at today's price of 0.445 ... can't see any bargain here
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05-08-2013, 03:33 PM
(This post was last modified: 10-08-2013, 12:19 PM by Stockerman.)
With the CPO still not having any signs of bottoming out, are you still vested?
Do we have any leading indicators or proxy for leading indictators for CPO ?
tks.
(27-03-2012, 04:12 PM)kng Wrote: Enter this stock with 52cents. expect it can up till 80 cent
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10-08-2013, 12:33 PM
(This post was last modified: 10-08-2013, 07:54 PM by Stockerman.)
Are u still holding onto Mewah at 52 cents?
Palm oil industry is in recession. Good time to accumulate all Palm Oil related counters..
In a few years time, it will be boom and we can sell off again to recycle the cash
In a few years, REITS would probably be in recession, Can pick some up again. Sector rotation..
(27-03-2012, 04:12 PM)kng Wrote: Enter this stock with 52cents. expect it can up till 80 cent
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Mewah has been burning cash since IPO and now is borrowing to fund its negative OCF and CAPEX. Its admin expense has been increasing, hence eroding its NPM. Not to mention interest expense.
Until Mewah controls its admin expense and lowers borrowing, I wont be that interested in this company
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Hahahaha. ... Mewah has gone up from 40 cents to 50 cents .....
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